Steve Muehler, Managing Member of Private Placement Markets, Today Introduced its “Equity Lock Residential” Program as an alternative to compete head-to-head with the Traditional Reverse Mortgage.
Equity Lock Residential is an innovative financial product that provides homeowners a smart new way to decrease their monthly mortgage payment liabilities while providing for a financially secure tomorrow. Equity Lock Residential was introduced to compete squarely with the traditional reverse mortgage program, while offering higher loan-to-values, greater return on the equitable portion of your home, and no age restrictions.
According to Mr. Steven Muehler, the reverse mortgage program has not changed or involved the fifteen or so years since it was introduced in 1961, making the industry making this old and tired financial product ripe for disruption. The program is plagued with many complaints by both applicants and current reverse mortgage holders, the fees associated with the program are twice that of a traditional mortgage on a low-side, and the restrictions on those who qualify is just a slice of market. These inefficiencies are each addressed with our Equity Lock Residential program, which will probably be the biggest emerging disruptive mortgage industry product in 2020 and 2021.
Additional Information can be found at: https://www.EquityLockResidential.com
The Private Placement Markets is a growing global provider of alternative asset trading, Alternative Trading System (“ATS”) technology, listing, information and private / public company services. Through its diverse portfolio of solutions, the Private Placement Markets enables Entrepreneurs and Business Managers to plan, optimize and execute their business vision with confidence, using advanced technologies that provide transparency and insight for navigating today's Global Alternative Investments Capital Markets. As the creator of the world's first set of Private Placement Markets, its technology powers more than 68 market segments and is growing it operations over the next 24-months to include 50 countries. To learn more about the Private Placement Portfolio of Companies, visit:
Private Placement Markets Securities: https://www.PPMSecurities.com
Private Placement Debt Markets: https://www.PPMDebt.com
Private Placement Equity Markets: https://www.PPMEquity.com
Private Placement Markets – Real Estate Loans: https://www.PPMLoans.com
EquityLock Residential: https://www.EquityLockResidenital.com
EquityLock Commercial: https://www.EquityLockCommercial.com
Additional Online Resources:
About Mr. Steve Muehler, Founder & Senior Managing Member:
Personal Site: http://www.SteveMuehler.com
Personal Site: www.StevenMuehler.com
Initially Published at: https://www.prlog.org/12822199-private-placement-markets-introduces-equity-lock-residential.html
Initially Published at: https://etradewire.com/news/private-placement-markets-introduces-equity-lock-residential
All trademarks and service marks are the property of the respective parties.
NEWS SOURCE: Private Placement Markets, LLC (a Delaware Limited Liability Company) & Mr. Steve Muehler